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As communal tensions rise in Karnataka, IT firms ‘reach out’ to investment-seeking Tamil Nadu -Revathi Krishnan

-ThePrint.in TN Finance Minister Palanivel Thiagarajan also says IT companies showing ‘great interest’ in state, but doesn't say where from. His govt to soon host several investor events abroad. New Delhi: In the midst of a series of developments that have led to communal polarisation in Karnataka, many information technology (IT) firms based out of Bengaluru have reached out to the Tamil Nadu government, seeking to shift their businesses, ThePrint has learnt. Sources...

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Indigenous Gujaratis Win River Linking Pause

-TheCitizen.in 7 dams, 3 weirs, 2 tunnels and a canal A people’s movement against a river linking project in Gujarat and Maharashtra has won a significant victory in south Gujarat, where Adivasi dominated areas have been on the boil the last few weeks over plans to execute a Par-Tapi-Narmada interlinking project that would divert the “surplus water” of these rivers in the Western Ghats to water scarce areas in Kutch and Saurashtra. Media...

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India's Economy Faces A Potential Stagflation Risk From Ukraine War -Sunil Prabhu

-NDTV.com The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices. The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices which will push already high inflation further up, which will hurt growth prospects. Gross Domestic Data released on Monday showed the economy slowed in the October-December quarter, even...

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India to be one of Asia’s ‘biggest losers’ from the Ukraine war as Russia slammed by global sanctions -Paran Balakrishnan

-The Telegraph Recovery will stumble, inflation will rise, rupee could weaken further, say economists New Delhi: India abstained on the US-sponsored UN Security Council “deploring” Russia’s invasion of Ukraine. But we definitely won’t be able to stay on the sidelines when it comes to facing the economic consequences of the war, the most serious conflict in Europe since the second world war. India’s not a part of organisations like Nato whose members like...

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Healthcare Budget Allocation Low As It's States' Responsibility: Finance Secretary

-PTI/ NDTV Finance secretary T V Somanathan on Monday said healthcare is primarily the responsibility of the states  Mumbai: Finance secretary TV Somanathan on Monday said healthcare is primarily the responsibility of the states, amid suggestions by the industry that the budgetary allocation for the sector is still low at 1.3 per cent of GDP. At a post-budget interaction of industry representatives in Mumbai with finance minister nirmala sitharaman, Confederation of Indian Industry...

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